Price on the AUDJPY is now trying to complete the last leg of a 1,2,3 trend reversal pattern.
To see a completion of this 1,2,3 trend reversal pattern lower we would need to see price break lower and through the recent support level.
In the last eight sessions price has traded very sideways in a consolidation pattern.
If price can now make the move lower and through the daily support we could look for short trades and for the momentum to be all to the downside.
To see a completion of this 1,2,3 trend reversal pattern lower we would need to see price break lower and through the recent support level.
In the last eight sessions price has traded very sideways in a consolidation pattern.
If price can now make the move lower and through the daily support we could look for short trades and for the momentum to be all to the downside.
